If you are wondering what the actual changes are within the new changes regarding FHA purchase loans or refinance loans, I explain them in this video. Additionally, I explain when the deadline is for … [Read more...]
USDA Home Loans Begin Funding and Reinstatement With Changes
The United States Department of Agriculture and Rural Development has finally come to a consensus that American Home Buyers have been waiting on...in my area, Frisco, Prosper, McKinney, and Little Elm … [Read more...]
Free: 2 Most Common Mis-Budgeted Critical Changes When Buying a Home
Critical Budgeting Audio...HEAR ME SPEAK Most people who are looking to buy a home in the next 1 month to a year forget some of the most important budgeting items as their excitement for … [Read more...]
FHA Mortgage Insurance to Change October 4, 2010
The commissioner of FHA, David Stevens, announced the changes to the current mortgage insurance structure at the beginning of this month. It is expected that the changes to mortgage insurance … [Read more...]
Evidence of Success Refinances in DFW and Collin County
The very common question that I receive in this hoard of refinances right now is, "what amount of rate reductions is it that makes it more likely I can refinance and it make sense?" To really answer … [Read more...]
Do Not Forget Your Inspections On Your VA Mortgage
For those who may not be experts in the VA loan, VA guarantees the loan in the mortgage and not the home. That is where the guarantee fee goes. Therefore, it is up to the borrower to take correct … [Read more...]
What Is a POINT in Mortgage Terms
Any time I get into a conversation with someone about mortgage, whether they are my client or someone just talking about a past or future loan, at some point I feel the responsibility to say, "be … [Read more...]
Thinking of Refinancing or Need to Purchase Home Soon with a Mortgage but Wonder About Your Credit
As an experienced Loan Officer in the industry, you never stop getting surprised on how even some of the most intelligent perceive how credit reports are derived. If you are thinking about a … [Read more...]
Jumbo Loan Information for Buying a Home
What is the specific variable or breaking point that makes a home loan go from not jumbo (conforming) to jumbo (conforming), when talking about mortgages? A conforming loan is one that … [Read more...]
How To Know If a Refinance Is Right For You
I have received mail from my current lender about refinancing my current mortgage, and I'd like to know what variables are best to evaluate and track so that I make the right decision...this works for … [Read more...]
